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san juan basin royalty tr (SJT) Details

San Juan Basin Royalty Trust operates as an express trust. The company has a 75% net overriding royalty interest carved out of Burlington’s oil and gas leasehold interests (the underlying properties) in properties located in the San Juan Basin in northwestern New Mexico. The underlying properties consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net producing acres in San Juan, Rio Arriba, and Sandoval Counties of northwestern New Mexico, as well as 1,154.8 net wells. Compass Bank serves as the trustee of the San Juan Basin Royalty Trust. The company was founded in 1980 and is based in Fort Worth, Texas.

san juan basin royalty tr (SJT) Key Developments

Compass Bank, as Trustee of the San Juan Basin Royalty Trust declared a monthly cash distribution to the holders of its Units of beneficial interest of $1,200,334.41 or $0.025753 per Unit, based principally upon production during the month of May 2015. The distribution is payable August 14, 2015, to Unit Holders of record as of July 31, 2015.

Compass Bank, as Trustee of the San Juan Basin Royalty Trust declared a monthly cash distribution to the holders of its Units of beneficial interest of $1,416,218.15 or $0.030385 per Unit, based principally upon production during the month of April 2015. The distribution is payable July 14, 2015, to Unit Holders of record as of June 30, 2015.

San Juan Basin Royalty Trust declared a monthly cash distribution to the holders of its Units of beneficial interest of $1,245,084.71 or $0.026714 per Unit, based principally upon production during the month of January 2015. The distribution is payable April 14, 2015, to Unit Holders of record as of March 31, 2015.

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